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A somewhat poetic response to a very frustrating issue and an actual comment made to me by a client this week regarding yet another un-kept payment promise.

We fully endorse this recommendation from R3 to help struggling companies. 

Struggling companies should be given up to six weeks free from creditor pressure to plan a recovery or rescue, says insolvency trade body R3.

With the ever deepening economic crisis in China I suspect UK banks will be badly hit and will probably respond by yet again tightening their lending criteria with SMEs.

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